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Dec 14, 2012
12/12
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sandy, nice numbers. okay. let's talk about the buying opportunities and how allocate capital in the midst of all of thighs issues that we talk about so much, in particular the fiscal cliff. >> well, i don't think you can trade around the fiscal cliff. if you have cash and plenty of people have cash on the sidelines and you do get that sharp selloff because congress cannot avert the fiscal cliff and we fall over in the new year, take advantage of it and get into the market because it will be a terrific buying opportunity. >> should i be waiting though for the buying opportunity? in other words, we know capital gains taxes will be higher next year. should i be trying to get out of my winners and look for a market selloff to get back in? >> well, look, if you haven't taken gains this year, you should take more than you're normally accustomed to. i think that's a no-brainer, and if you want to -- if you want to wait for that buying opportunity, you're taking risk because if congress and the white house can get tha
sandy, nice numbers. okay. let's talk about the buying opportunities and how allocate capital in the midst of all of thighs issues that we talk about so much, in particular the fiscal cliff. >> well, i don't think you can trade around the fiscal cliff. if you have cash and plenty of people have cash on the sidelines and you do get that sharp selloff because congress cannot avert the fiscal cliff and we fall over in the new year, take advantage of it and get into the market because it will...
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Nov 9, 2012
11/12
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lot of people are pricing in optimism from sandy. the stock has outperformed the s&p by about 4%. you ought to take a look at the 10 k and what they have said, what they have been talking about is the fact that the repair and remodel business is at the end of the week. in the meantime since the beginning of october we have seen increase in lumber prices of over 10%. 20% of the net comes from lumber. you see an increase in the input cost. you might get incremental sales out of that. hurricane irene. there is a lot of good news priced in and maybe not bad news. fundamentally i think it might be overvalued here. >> mike is bearish. he is also buying a put spread. we did go through the play book with dan's trade. >> i am going to do something similar. i am going to buy a put spread specifically the january 57.5 puts and then sell the 55s against it for 50 cents. obviously less than 1% of the stock price gives me a little time for this to play out. i should see decay especially out of the cheaper option after the event. >> the technicals you cannot argue with. i like the structure. her
lot of people are pricing in optimism from sandy. the stock has outperformed the s&p by about 4%. you ought to take a look at the 10 k and what they have said, what they have been talking about is the fact that the repair and remodel business is at the end of the week. in the meantime since the beginning of october we have seen increase in lumber prices of over 10%. 20% of the net comes from lumber. you see an increase in the input cost. you might get incremental sales out of that....
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Jun 28, 2013
06/13
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. >> sandy, what about you? >> i think the market will work its way up to 1,684 where it hit its prior highs and you'll form a double top and then irany we get back to 1,500 or so as we get into mid-july and clear the year at 1700. i agree with matt. we'll see more volatility. feel like it's picking up a dime in front of a steam roller. no return and you can really get run over literally so you just lost 4% this months and while we've seen 23 billion come out of bonds, it will ultimately flow into stocks and we'll end higher than where we are today. >> the rising yield environment, matt, still going for dividend stocks, right? >> not all dividends are created equal, mandy. i would avoid the utility and teleconnames where they have high payout ratios and stretch valuations but some areas from the 2.5 to yeelgd namielding na are dividend growth and worth taking a look at. a name like intel or qualcomm, qualcomm just increased their dividend 40% a couple months ago. i think that's a strong sign of current and futur
. >> sandy, what about you? >> i think the market will work its way up to 1,684 where it hit its prior highs and you'll form a double top and then irany we get back to 1,500 or so as we get into mid-july and clear the year at 1700. i agree with matt. we'll see more volatility. feel like it's picking up a dime in front of a steam roller. no return and you can really get run over literally so you just lost 4% this months and while we've seen 23 billion come out of bonds, it will...
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Nov 1, 2012
11/12
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as far as sandy. they think that's going to dampen business in new york, which is a key market for them. >> maybe the impact felt in the quarter. >> i actually didn't do anything. i looked in the -- to doing an options trade on the stock today. i stayed away, because i was concerned about europe. the stock was down 15% last quarter. but expedia and travelline is saying the business is looking better. a selloff back to 600, i think it's -- >> confirmation from expedia? >> yeah, their international bookings growth was up 25% off expectations between 10 and 18%. it's a monster run after hours, it's not one i would chase. above 650. i believe the stock breaks out from a pretty well defined down trend. you have a little bit of a double bottom. i think 650 is your pivot point. otherwise, i'm in the camp looking for a pull back. >> while sandy's not expected to affect the labor department's payout tomorrow, it could have an impact on jobs and gdp in the future. drew, always good to speak with you. what's tom
as far as sandy. they think that's going to dampen business in new york, which is a key market for them. >> maybe the impact felt in the quarter. >> i actually didn't do anything. i looked in the -- to doing an options trade on the stock today. i stayed away, because i was concerned about europe. the stock was down 15% last quarter. but expedia and travelline is saying the business is looking better. a selloff back to 600, i think it's -- >> confirmation from expedia? >>...
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Dec 27, 2012
12/12
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it's not all on sandy. >> depends how you read that metric. when the story is finally told, not .7%, somewhere higher than that. m moo. >> maybe it will. it's not all sandy, people cutting back already, whether military families cutting back dramatically because of sequestration or people who work at defense contractors out of jobs. there's a lot of bad heading our way. to josh's point, people will still send their kids to school and still go shopping but everybody is going to cut back how they shop. they will be trading down, judge, i think. and these idiots from harry reid to the president on top and john boehner included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the early part of 2013 -- >> i
it's not all on sandy. >> depends how you read that metric. when the story is finally told, not .7%, somewhere higher than that. m moo. >> maybe it will. it's not all sandy, people cutting back already, whether military families cutting back dramatically because of sequestration or people who work at defense contractors out of jobs. there's a lot of bad heading our way. to josh's point, people will still send their kids to school and still go shopping but everybody is going to cut...
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Nov 20, 2012
11/12
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the sandy bump won't last. the real reason for the resurgence of the rental car business could be because of something that happens in washington. it is one word. and that word is consolidation! over the last decade this industry has seen a series of mergers that allowed the rental car companies to cut costs and also raise price. and with the recent acquisition of dollar thrifty by hertz, there are now only four players that really matter here. just four. and one of them, enterprise is private. which means you have only three possible ways to play this rental car bull market. there is hertz, second largest player through enterprise and the largest traded rental car company and avis. and now that dollar thrifty is taken over, the last one is zip car. it's been a total dog. now back in june before we knew about the dollar thrifty deal, i told you to buy hertz. it was best in breed. stay the heck away from zip car. because it felt like a flash in the pan. since then, hertz has given you 18% gain. zip car plummeted
the sandy bump won't last. the real reason for the resurgence of the rental car business could be because of something that happens in washington. it is one word. and that word is consolidation! over the last decade this industry has seen a series of mergers that allowed the rental car companies to cut costs and also raise price. and with the recent acquisition of dollar thrifty by hertz, there are now only four players that really matter here. just four. and one of them, enterprise is private....
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Dec 26, 2012
12/12
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it is on the back of sandy. it's moving into the materials and industrials. >> weiss, the rlx hit a historic high in early december. gap down, abercrombie down ralph lauren down. even though i called you my wife. >> i was going to let that go. i was assuming you were talking to pete. in macy's, i've been losing money. the stocks are extremely cheap. a lot of the retailers are cheap, but you can't ignore the data. there's been no reason to really feel good about retail except for the housing market. discount the employment numbers because of participation rate. i'm with joe. i think you have to take the money off because the next move that's going to be in the market is going to be in the cyclical stocks if you get a deal on the fiscal cliff. if not, then retail goes worse. we analyzed this last week and said there's big drag. >> so, doc, is the trade the prudent trade you have to take some money off the table in the retail space? the consumer, the data has shown to be good and then you get holiday numbers from m
it is on the back of sandy. it's moving into the materials and industrials. >> weiss, the rlx hit a historic high in early december. gap down, abercrombie down ralph lauren down. even though i called you my wife. >> i was going to let that go. i was assuming you were talking to pete. in macy's, i've been losing money. the stocks are extremely cheap. a lot of the retailers are cheap, but you can't ignore the data. there's been no reason to really feel good about retail except for the...
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Nov 1, 2012
11/12
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after sandy. so stephanie link, if you have insur insured losses, some of the numbers hitting 50 billion could go higher. how are you thinking about the space today? >> there are some companies that are going to fair better. something like an aig which has surplus insurance, they have a better pricing power, so they can quickly raise prices, where as an all-state or travelers won't be able to price as aggressively. in terms of aig, the reason we own it, this is obviously a horrible situation, but i think it will be contained somewhat in the fourth quarter, maybe the first. it's really cleaned up its balance sheet and focusing on two business lines. casualty and life. i think the life business will start to see some momentum as he they get more distribution. i think they use the weakness to buy when the stock is trading at .6 times book value. >> mike murphy, you could see a bit of an earnings hit based on what the actual insured losses and payout turn out to be. which name in this space you think
after sandy. so stephanie link, if you have insur insured losses, some of the numbers hitting 50 billion could go higher. how are you thinking about the space today? >> there are some companies that are going to fair better. something like an aig which has surplus insurance, they have a better pricing power, so they can quickly raise prices, where as an all-state or travelers won't be able to price as aggressively. in terms of aig, the reason we own it, this is obviously a horrible...
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Jan 5, 2013
01/13
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there's sandy and debt ceiling. we'll see corporate management refer to those two things a lot. but forward guidance. this is what stocks will trade on. we'll know quickly what that looks like for the first half of the year. >> one quick point about the vix. it can be deceptive. when the vix is relatively low, 16, 17, and declines to 14, that seems like a big move. looking at october of 1987, that was when we had a market crash, one of the largest ones ever. so seeing a significant outperformance of the market coming off the heels of that, not really what we're looking at. we're not in the same position today as we were then. we're coming off a rally, not market crash. >> i know the year is young, but what led us higher last year are primarily leading us higher this year. financials and housing up 4%. for housing, experts getting bullish, upgrading the likes of citi, after the stock is up 20% in the past three months. >> these are cheap stocks. they were cheap 70% ago. bank of america is 100% from the lows early last year. so they're cheap stocks. they have a lot of leverage in
there's sandy and debt ceiling. we'll see corporate management refer to those two things a lot. but forward guidance. this is what stocks will trade on. we'll know quickly what that looks like for the first half of the year. >> one quick point about the vix. it can be deceptive. when the vix is relatively low, 16, 17, and declines to 14, that seems like a big move. looking at october of 1987, that was when we had a market crash, one of the largest ones ever. so seeing a significant...
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Nov 2, 2012
11/12
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lost in the hurricane sandy coverage was disney's massive 4 billion deal with lucasfilm. mickey and darth vader living together in the magic kingdom. the unit could include its animation unit getting back on track. julia has more. >> melissa, disney is paying $4 billion, half cash, half stock to acquire lucasfilms from its sole owner, george lucas. the centerpiece is "star wars", they have growth ee ee eed $4 b. analysts praised the deal its long-term prospects and disney's plans for another three "star wars" filming, next coming out in 2015, the same year bob iger says it will be ceded. lucas film generates $215 million from consumer products and disney is hoping to make that number much, much bigger. now, this deal comes the same week as disney is opening "wreck-it ralph" expected to gross north of $40 million at the u.s. box office this weekend. it's a disney animation movie but it's drawing the kind of rave reviews usually reserved for pixar films, not disney animation. following the strong performance of "tangled" last year, disnis animation under the leadership of j
lost in the hurricane sandy coverage was disney's massive 4 billion deal with lucasfilm. mickey and darth vader living together in the magic kingdom. the unit could include its animation unit getting back on track. julia has more. >> melissa, disney is paying $4 billion, half cash, half stock to acquire lucasfilms from its sole owner, george lucas. the centerpiece is "star wars", they have growth ee ee eed $4 b. analysts praised the deal its long-term prospects and disney's...
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Jul 25, 2012
07/12
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eye 66
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sandy weill thinks the big banks should break up. separating fact from fiction and separating all the earnings movers. big moves in the afterhours and we will give you the trade. stay tuned. >> want to beat the street? you better tweet the street. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidel [ male announcer ] while many automakers are just beginning to dabble with the idea of hybrid technology... it's already ingrained in our dna. during the golden opportunity sales event, get great values on some of our newest models. this is the pursuit of perfection. >> let's get t
sandy weill thinks the big banks should break up. separating fact from fiction and separating all the earnings movers. big moves in the afterhours and we will give you the trade. stay tuned. >> want to beat the street? you better tweet the street. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile...
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81
Oct 31, 2012
10/12
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the first issue is obviously sandy occurred in the fourth quarter. that's going to have a material impact. as we said, we're significantly raising guidance for the fourth quarter. it will result in a rise for the year as well. that's really the portable generator demand. that's the in-rush much demand we see around an event that occurs -- unfortunately, when you get major destruction like this, you have a hard time actually finding gas for. but in the future and really for the next six to 12 months, we should see going into 2013, a greater demand for permanently installed packup systems. people have hit the turning point with frequency of outages, have come to the conclusion they need a backup plan that, frankly, is more permanent in nate tur. >> when it comes to the portables versus installed, i'm curious that the martins are different. there's another stream of ref knew which you get from servicing the units. >> the portables are sold through big box retailers. the margins on those products not kwied as good as on the installed products. installed
the first issue is obviously sandy occurred in the fourth quarter. that's going to have a material impact. as we said, we're significantly raising guidance for the fourth quarter. it will result in a rise for the year as well. that's really the portable generator demand. that's the in-rush much demand we see around an event that occurs -- unfortunately, when you get major destruction like this, you have a hard time actually finding gas for. but in the future and really for the next six to 12...
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232
Nov 2, 2012
11/12
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superstorm sandy causing billions in damages. now companies are warning the storm will wreak havoc on earnings. the ce e o from clorox is here exclusively. >>> plus, sandy causing gas lines reminiscent of the 1970s throughout the new york area. we've got the latest details on the crisis and how ugly it's getting out there. >>> and at least those lines are over something essential like gasoline. check out all the people waiting to get their hands on apple's new mini ipad. there'sing in small about this show today. that and more next. [ male anno] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back. clorox just one of the many
superstorm sandy causing billions in damages. now companies are warning the storm will wreak havoc on earnings. the ce e o from clorox is here exclusively. >>> plus, sandy causing gas lines reminiscent of the 1970s throughout the new york area. we've got the latest details on the crisis and how ugly it's getting out there. >>> and at least those lines are over something essential like gasoline. check out all the people waiting to get their hands on apple's new mini ipad....
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Oct 29, 2012
10/12
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eye 187
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we've been hearing about sandy for a week now, right? tens of millions of feel are in the storm's path and they've all been warned to stock up on everything they might need in case the power goes out and transportation gets shut down. that's where dollar general comes in. as a classic stock-up play. how do i know? because not only does dollar general sell food, more important, they accept food stamps. as we heard over and over again from mitt romney, this election season, there are now 47 million people on food stamps. that's an increase of 14.7 million people or 46% since obama took office, and those people buy the smaller units at dollar general. say what you want about the president, the increase in food stamps is a huge tail wind for dollar general. and it's natural they would have some major stock-up business ahead of this storm. however, hurricane sandy is just icing on the cake for dollar general. i can't do any trades because they're too flawed but this investment, i like. i would be telling you to make this investment without th
we've been hearing about sandy for a week now, right? tens of millions of feel are in the storm's path and they've all been warned to stock up on everything they might need in case the power goes out and transportation gets shut down. that's where dollar general comes in. as a classic stock-up play. how do i know? because not only does dollar general sell food, more important, they accept food stamps. as we heard over and over again from mitt romney, this election season, there are now 47...
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95
Oct 31, 2012
10/12
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i've been calling local board of election officials in the sandy zone today. we've been able to get through to a couple of them. start with cape may, new jersey, that's the southern coastal portion of new jersey where i spoke with michael kennedy, the cape may county registrar. he toll me they are still evaluating conditions there. they're going to see how many polling places they're going to need to move. they had a couple in yacht clubs near the water but he said they're going to double those up with other polling places. further inland people will be able to vote there. he said the word he's getting is that the state of new jersey is going to lean to having an election on tuesday. that's the word from state officials there and they expect that most polling places will be open in cape may county, new jersey. however, he said the worst damage was in ocean county, new jersey. he doesn't have any word from election officials there. also in suffolk county, new york, i spoke with wayne rodgers, the republican board of elections commissioner up there. he told me t
i've been calling local board of election officials in the sandy zone today. we've been able to get through to a couple of them. start with cape may, new jersey, that's the southern coastal portion of new jersey where i spoke with michael kennedy, the cape may county registrar. he toll me they are still evaluating conditions there. they're going to see how many polling places they're going to need to move. they had a couple in yacht clubs near the water but he said they're going to double those...
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166
Nov 4, 2012
11/12
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eye 166
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lost in the hurricane sandy coverage was disney's massive 4 billion deal with lucasfilm. mickey and darth vader living together in the magic kingdom. just imagine. the move is the latest in a turn around in which the studio unit could include its animation unit getting back on track. julia has more. >> melissa, disney is paying $4 billion, half cash, half stock to acquire lucasfilm from its sole owner, george lucas. the centerpiece is "star wars", they have grossed $4 billion. worldwide, generates billions of dollars more in games and consumer products. analysts praised the deal its long-term prospects and disney's plans for another three "star wars" filming, next coming out in 2015, the same year bob iger says it will be accretive. just as important as the movies are the consumer products, which is disney's area of expertise. lucas film generates $215 million in revenue this year from consumer products and disney is hoping to make that number much, much bigger. now, this deal comes the same week as disney is opening "wreck-it ralph" expected to gross north of $40 million
lost in the hurricane sandy coverage was disney's massive 4 billion deal with lucasfilm. mickey and darth vader living together in the magic kingdom. just imagine. the move is the latest in a turn around in which the studio unit could include its animation unit getting back on track. julia has more. >> melissa, disney is paying $4 billion, half cash, half stock to acquire lucasfilm from its sole owner, george lucas. the centerpiece is "star wars", they have grossed $4 billion....
90
90
Feb 8, 2013
02/13
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eye 90
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it was jarring for many when the exchange closed last year for two days with hurricane sandy. this time the storm named nemo and it's confirmed, as usual. i say, hallelujah, this exchange and this stock market is the symbol of capital imp. we want everybody to be safe, but the markets are supposed to be highly technological. why should we stop business because of bad weather in one area of the world? it should take a loss more than some snow to close them. be safe and i'll see you on monday. pretty day on wall street. dow is up about 48 points. nasdaq up by 28. apple up with one and a half% at 4:74 and change. oppingds option begins now on cnbc. have a great weekend. stay safe. see you monday. >> this is "options action." tonight finding money in nemo. >> is this some kind of practical joke, it's not funny! >> no, not that nemo. this nemo. it has carter and ennis looking at a trade in home depot that can quadruple your money in three months. >>> is proktor a gamble? despite the fact they're the second best performer this year. why are all those options traders taking tesla cal
it was jarring for many when the exchange closed last year for two days with hurricane sandy. this time the storm named nemo and it's confirmed, as usual. i say, hallelujah, this exchange and this stock market is the symbol of capital imp. we want everybody to be safe, but the markets are supposed to be highly technological. why should we stop business because of bad weather in one area of the world? it should take a loss more than some snow to close them. be safe and i'll see you on monday....
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186
Nov 1, 2012
11/12
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stocks don't fare sandy. a great day and the dow climbed 136 points. the kudlow report is just moments away. >> all
stocks don't fare sandy. a great day and the dow climbed 136 points. the kudlow report is just moments away. >> all
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81
Nov 19, 2012
11/12
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>> before hurricane sandy there was a much greater likelihood of the tax exempt on the block. after sandy there is so much focus on the need to rebuild and the debt that would have to be issued and what local communities will have to pay in terms of cost to borrowing that it is less of a likelihood but i will say from the entire 20 whatever years i have been in the business i think this is the first time that the threat to tax exemption is stronger. >> are you finding that investors are coming to your office panicked? should i do something now? should i sell? >> yields have come down significantly so they are not panicking. what we had seen pretty much since the election was that municipals were rallying. the one thing we all have to remember is that the likelihood of taxes going up is much more sure than whether bonds will be tax exempt or not. people will be looking at the likelihood of higher taxes. >> if you are an investor sitting at home you are thinking should i go into muni bonds. how would you walk through the basics with somebody? >> it is interesting. i was having a
>> before hurricane sandy there was a much greater likelihood of the tax exempt on the block. after sandy there is so much focus on the need to rebuild and the debt that would have to be issued and what local communities will have to pay in terms of cost to borrowing that it is less of a likelihood but i will say from the entire 20 whatever years i have been in the business i think this is the first time that the threat to tax exemption is stronger. >> are you finding that investors...
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56
Oct 30, 2012
10/12
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today on "power lunch," surviving sandy. three important areas we're going to focus on, insurance and the frightening comparison. one insurance executive is making about the impact of sandy. a hit to the retail sector, damage to property and a washed-out holiday. we will see who is best poised to recover quickest. >>> and how do you secure that crane, and we're looking live at the crane dangling precariously over west 57th street in manhattanch the latest on "power lunch." now back to scott and "fafl half." >> let's get over to bob pisani at the news desk and a statement from the new york stock exchange regarding tomorrow. >> we do, and it looks like all statements are go. let me read the statement. the nyse will open with all normal trading with equity and bond markets and derivative options on wednesday, october 31st. trading will commence on the nyse exchange at 9:30 a.m. under normal opening procedures, and the nyse building and trading floor are fully operational. the ceo pending a statement saying we're pleased we turn
today on "power lunch," surviving sandy. three important areas we're going to focus on, insurance and the frightening comparison. one insurance executive is making about the impact of sandy. a hit to the retail sector, damage to property and a washed-out holiday. we will see who is best poised to recover quickest. >>> and how do you secure that crane, and we're looking live at the crane dangling precariously over west 57th street in manhattanch the latest on "power...
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Oct 31, 2012
10/12
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sandy is one of them. the real economy might end up being boostered far more than we initially thought, simply because the federal government is stepping up to get the job done. logan in texas. logan? >> caller: boo-yah, jim. hope all is well. >> it's all right. thank you, logan. thanks for asking. how are you? >> caller: i'm doing great. i think it was about two months i called you and i was asking about the stocks beacon roofing. you said you liked the stock but thought that it could get it at a lower price. since then, the stock has continued to rise, and today in particular. so i was wondering, do you think it's going to continue to rise or is it going to slump back? >> well, i'm glad that you called me on me, but i liked the stock but didn't tell you to buy it. that was a mistake. i like beacon. beacon is a better trade. can it come down? i think it can come down, but this time you gotta buy it and it doesn't have to come down too much to pull the trigger. donna in texas. >> caller: oh, happy boo-yah,
sandy is one of them. the real economy might end up being boostered far more than we initially thought, simply because the federal government is stepping up to get the job done. logan in texas. logan? >> caller: boo-yah, jim. hope all is well. >> it's all right. thank you, logan. thanks for asking. how are you? >> caller: i'm doing great. i think it was about two months i called you and i was asking about the stocks beacon roofing. you said you liked the stock but thought that...
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Nov 28, 2012
11/12
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some people were saying maybe they're a little softer because of sandy. at the same time, we have september revised lower, should we be a little bit concerned that there's a touch of a slowdown in this recovery within the context of recovery. >> you get any stack of numbers from anyone they differ between another stack of number. you can assess it, analyze it to death and read into it what you want. you can say sandy's at fault here, not at fault, i'm telling you, the housing market is stronger than people think it is. the price appreciation you're going to see over the next few years unless i don't know a thing about real estate. i made my living my whole life and i'm usually right, it's going to go much higher than people anticipate. if you look at the latest zillow report, 12 out of 12 months appreciation, if that's not a trend, that should put all the naysayers to bed, what? it's a great time to buy and a terrible time to sell. unless you're going to wait awe few months then you're going to get more for it tomorrow. >> barbara, always good to see you.
some people were saying maybe they're a little softer because of sandy. at the same time, we have september revised lower, should we be a little bit concerned that there's a touch of a slowdown in this recovery within the context of recovery. >> you get any stack of numbers from anyone they differ between another stack of number. you can assess it, analyze it to death and read into it what you want. you can say sandy's at fault here, not at fault, i'm telling you, the housing market is...
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Oct 30, 2012
10/12
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meantime, all the news today not about sandy. a major deal disney announced it's adding "star wars" and "indiana jones" to its library. acquiring lucas jones, worth $4 billion. our julia boorstin at disney headquarters exculusively with the latest. >> reporter: $4.05 billion. disney is acquiring lucas film, half cash and half stock. in the acquisition they're acquiring the rights to the "star wars" franchise which goesed over $4.4 being worldwide as well as special effects studio industrial light and magic and sky walker sound. disney says it plans to release "star wars" episode seven in 2015. that's the same year it says the acquisition will become accretive to disney's bottom line saying it plans to release more films in the star wars franchise every two to three years. >> this was also a very unique opportunity. when you look at the world of entertainment, there's almost nothing like this. this is one of the most iconic, one of the most successful, one of the highest quality entertainment brands that exists in the world. and w
meantime, all the news today not about sandy. a major deal disney announced it's adding "star wars" and "indiana jones" to its library. acquiring lucas jones, worth $4 billion. our julia boorstin at disney headquarters exculusively with the latest. >> reporter: $4.05 billion. disney is acquiring lucas film, half cash and half stock. in the acquisition they're acquiring the rights to the "star wars" franchise which goesed over $4.4 being worldwide as well as...
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Oct 26, 2012
10/12
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they're pretty well reserved for sandy. of course, estimating any potential damage is difficult now. it will depend on the strength of the winds and of course the storm surge. but keep in mind hundreds of billions of dollars worth of residential property are in the path of this storm. >> mary, for the moment, thank you very much. >>> meantime, one of the most interesting things over the last 24 hours has been the resilience of apple stock on the back, of course, of its earnings miss. pre-orders for the ipad mini being taken today. can the business keep up with demands or is it turning into a case of whether apple can keep demand going. >>> plus, ahead in the show, united airlines pilots up in arms after a key safety feature is taken away from their planes. jane wells, what on earth is going on? >> reporter: simon, say you bought a new car, had an extra piece of safety equipment in it, like an extra air bag. wasn't mandatory but came with the car. would you pay to take it out? united has done something similar with the 787 a
they're pretty well reserved for sandy. of course, estimating any potential damage is difficult now. it will depend on the strength of the winds and of course the storm surge. but keep in mind hundreds of billions of dollars worth of residential property are in the path of this storm. >> mary, for the moment, thank you very much. >>> meantime, one of the most interesting things over the last 24 hours has been the resilience of apple stock on the back, of course, of its earnings...
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Dec 7, 2012
12/12
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and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a particular show can i say i like it? so with that in mind, what's the game plan for next week? first off, perhaps the most important day of the week is monday. but not for any earnings. not for any releases. that's when we process the results of the weekend talk shows, which you now have to watch as if we were instead of watching, you know, college gameday, i'm watching like some of those other news stations -- and then of course sunday morning whoever -- you don't even pay attention -- football means nothing no
and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you...
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Nov 2, 2012
11/12
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if people would give money to sandy relief. city meals is
if people would give money to sandy relief. city meals is
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Oct 31, 2012
10/12
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how is the first day of trading since hurricane sandy? let's ask managing director at lessard national markets. >> it is good to be back. two days seems like an etesht when you're trying to place a bet and express an opinion in this marketplace so it is very difficult to wait this out. obviously a terrible tragedy, this national disaster. but we have to balance out the fact that we are back in business with the fact that, as bob just pointed out, it is very difficult to get to new york right now. i would tell you that the volumes aren't three days worth of volumes all wrapped up in one. we'll see that normalize over the course of the week. >> indeed. it is horrible to talk about these things in light of the tragedy that's ensued. but nonetheless, what are you doing in terms of making a buck? for example, where is the trade in the wake of the hurricane? >> one of the things you'll want to be very careful is on the overshoot. pisani just pointed out a few things. obviously people look at the home depots and lowlowe's and t a step further an
how is the first day of trading since hurricane sandy? let's ask managing director at lessard national markets. >> it is good to be back. two days seems like an etesht when you're trying to place a bet and express an opinion in this marketplace so it is very difficult to wait this out. obviously a terrible tragedy, this national disaster. but we have to balance out the fact that we are back in business with the fact that, as bob just pointed out, it is very difficult to get to new york...
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Nov 5, 2012
11/12
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blame it on sandy. express groups missed that will be interesting to see how it affects walgreen tomorrow. >> the stock has been a monster. they filed a mix shelf. i don't think that's going to matter. it might trade 66 in a couple months. it's at least going to 50. >> speaking of monster, monster beverage, up 2%. scott? >> they got a love letter in the media, which pointed out they own a third of the impressive and growing energy drink market. and the last time we talked about this stock, it was because they were being sued, a really unfortunate situation. i think the market likes that we haven't seen a pile-on by other plaintiffs. >>> and finally, a pop for pigskin politics. here is a positive sign for the romney campaign, according to the redskins koul rule. if the washington redskins win their last home game before a race, the incumbent party will win the presidency. on sunday, as you know, the redskins lost to the carolina panthers at home. but if you're not a firm believer in pigskin politics, con
blame it on sandy. express groups missed that will be interesting to see how it affects walgreen tomorrow. >> the stock has been a monster. they filed a mix shelf. i don't think that's going to matter. it might trade 66 in a couple months. it's at least going to 50. >> speaking of monster, monster beverage, up 2%. scott? >> they got a love letter in the media, which pointed out they own a third of the impressive and growing energy drink market. and the last time we talked...
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Nov 12, 2012
11/12
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this is the first real indication of what the sandy impact has been. what do you expect as biggest upside and down side. >> from a couple of fronts when you are looking at upside not that there is upside to anything that tragic but from a retail point of view they should do reasonably well particularly home depot that does a good job of adjusting strategies to meet the needs of these kinds of things. home depot you will see interesting dynamics probably in the fourth quarter numbers more so than the third. lowe's is a week later. on the down side you have to be looking at retailers looking at exposure to the new york metropolitan area and second is retailers with discretionary spend that is not cheap. and that would worry us a tiny bit for macy's given what they are staring at. that seems like the type of retail business would be exposed. then you have a whole host of dynamic setbacks as you start to celebrate the holiday season. >> are you getting a good read in terms of momentum going into the holiday season given the hurricane sandy impact might clo
this is the first real indication of what the sandy impact has been. what do you expect as biggest upside and down side. >> from a couple of fronts when you are looking at upside not that there is upside to anything that tragic but from a retail point of view they should do reasonably well particularly home depot that does a good job of adjusting strategies to meet the needs of these kinds of things. home depot you will see interesting dynamics probably in the fourth quarter numbers more...
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Oct 29, 2012
10/12
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hurricane sandy landfall in the new york area is imminent. we are covering the latest the historic storm. brian shactman in montauk, long island. scott cohen in battery park, new york city. let's go to scott with the latest. >> probably will be the last report we do have from this location here because as you may be able to he the waters of new york harbor starting to lap up on to this area here at the battery at the tip of lower manhattan. precursor to the big storm surge that's going to come in with hurricane sandy. we don't want to be anywhere near it. i can tell you now that manhattan, crossroads of the world, sun creasingly now becoming an island because within the next couple of hours, the major bridge misand out of new york city, george washington bridge, other bridges in this area, will be closing down and the issue on that front is the winds. i want to show you video shot, just a few moments ago of one world trade center. people tower. these are the tallest construction cranes in new york city. the port authority of new york and new
hurricane sandy landfall in the new york area is imminent. we are covering the latest the historic storm. brian shactman in montauk, long island. scott cohen in battery park, new york city. let's go to scott with the latest. >> probably will be the last report we do have from this location here because as you may be able to he the waters of new york harbor starting to lap up on to this area here at the battery at the tip of lower manhattan. precursor to the big storm surge that's going to...
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Oct 26, 2012
10/12
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. >>> we're bracing for sandy here at cnn and elsewhere. what businesses are doing in advance of the monster storm headed for the coast. >>> the story on power. now back it brian and more on the fast half. >> thank you very much. >>> guys, i got to call a quick audible. breaking news. the sec charging a silicon valley second fifth for an alleged role in the raj rajaratnam case. here's what the sec is alleging. just allegations, the sec alleging that chris chellum tipped rajaratnam in december, 2006, with confidential details from internal company reports indicating that xlnx would fall short of revenue projections it had previously made publicly which enabled rajaratnam to short xlnx. they're not indicating anything about xlnx other than charging chris chellum, executive. obviously don't have a statement from him. these are allegations. but it is out. the sec going after a former or current xlnx executive. that story developing on what is a busy friday. >>> the first read on third quarter gdp wasn't too shabby. showed 2% growth. and that th
. >>> we're bracing for sandy here at cnn and elsewhere. what businesses are doing in advance of the monster storm headed for the coast. >>> the story on power. now back it brian and more on the fast half. >> thank you very much. >>> guys, i got to call a quick audible. breaking news. the sec charging a silicon valley second fifth for an alleged role in the raj rajaratnam case. here's what the sec is alleging. just allegations, the sec alleging that chris...
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Aug 21, 2013
08/13
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sandy, i'm a realist and i think you are too. the idea of solving the fiscal issues, i don't see how that can happen. >> it's harder to see the crisis that causes the platform for that, jim, right now, i would agree. but what we have been seeing here in the u.s. is gradual improvement. we have seen this unusual relationship between industrial production. and we think that's part of the hesitation and the inventory, frankly the second quarter was a clunker in terms of the industrial side of the economy .1% increase in the industrial production at a time when the first report was 1.7 on gdp. we think that a lot of the items that have been the negatives in '12 and '13 go to a flat and perhaps you see europe start to grow a little bit in '14. we're not talking about the historic numbers, just get back positive instead of negative. get china to stabilize around a real seven versus some of the numbers that haven't been as fulsome on the industrial side. and the u.s. may not start the year with as much uncertainty as we did this year wh
sandy, i'm a realist and i think you are too. the idea of solving the fiscal issues, i don't see how that can happen. >> it's harder to see the crisis that causes the platform for that, jim, right now, i would agree. but what we have been seeing here in the u.s. is gradual improvement. we have seen this unusual relationship between industrial production. and we think that's part of the hesitation and the inventory, frankly the second quarter was a clunker in terms of the industrial side...
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Oct 26, 2012
10/12
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hurricane sandy making its way towards the east coast right now. many experts are warning that this could end up being one of the most costliest storms in years. jim cantore has the latest on the storm's path of destruction. over to you, jim. >> reporter: maria, we're about 250 miles from the center. and you can see the wave action behind me. florida knew they would deal with the fringe effects. that said at the time of high tide this wave action we have behind us run all the way up to these chairs here. i'm telling you, it was a matter of luck that they didn't wash out to sea. we'll see what happens at 7:00 when the next high tide rolls in. we've had bands of rain, some produced gusts as high as 50 or 60 miles per hour. the weather from south florida to north will start to improve tomorrow. we know that. this is what i'm afraid of. we're going to see a storm that will weaken in terms of tropical intensity, go down to cat one and maybe even 70 miles per hour and become a tropical storm. as that's going on, it's going to change its characteristics,
hurricane sandy making its way towards the east coast right now. many experts are warning that this could end up being one of the most costliest storms in years. jim cantore has the latest on the storm's path of destruction. over to you, jim. >> reporter: maria, we're about 250 miles from the center. and you can see the wave action behind me. florida knew they would deal with the fringe effects. that said at the time of high tide this wave action we have behind us run all the way up to...
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Jul 5, 2013
07/13
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boat owners look to improve or repair those boats that were damaged by sandy. but keep in mind, as the economy improves, so, too, should boat sales. back to you. >> mary thompson, thanks very much. thanks for being with us. have a good weekend. >> thank you, bill. >> that'll do it for us on "closing bell". >> "fast money" starts right now. >>> live from the nasdaq market site in new york city, it's times square, i'm melissa lea. our traders tonight are pete grasso, stephanie brown, and enis taner. let's get story we're following tonight and that is rising rates. better than expected balance reports sending yields into rally mode, with the ten-year yield nearing a two-year high. so we're giving you rising rate playbook for these
boat owners look to improve or repair those boats that were damaged by sandy. but keep in mind, as the economy improves, so, too, should boat sales. back to you. >> mary thompson, thanks very much. thanks for being with us. have a good weekend. >> thank you, bill. >> that'll do it for us on "closing bell". >> "fast money" starts right now. >>> live from the nasdaq market site in new york city, it's times square, i'm melissa lea. our traders...
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Mar 27, 2019
03/19
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let's go to sandy in new jersey. sandy! >> caller: hi, jim i'm disappointed that the stock of wayfair is so weak after announcing the opening of a retail store they are not using the store or stores as profit centers but as part of a broader marketing effort to reach consumers. where do you stand on this stock, jim. >> this stock has been one horrific short squeeze 25% of its actual shares outstanding are sold short and they're looking for anything negative to hang their hat on and banging it down. sandy, stick with it i think it is overvalued like amazon but it could get more overvalued and that sounds like greater fool theory but i don't think there is something wrong with wayfair can i go to bill in florida. >> caller: hi. big time fan want to get your sense on newel brands nwl. i got in around $24 and it is down around $15 and do i lick my wounds and get out or stay long. i'm long and hold. >> if you are long and hold, i guess. we were talk that -- benand i talked about doing a piece about newel and the fact that mike p
let's go to sandy in new jersey. sandy! >> caller: hi, jim i'm disappointed that the stock of wayfair is so weak after announcing the opening of a retail store they are not using the store or stores as profit centers but as part of a broader marketing effort to reach consumers. where do you stand on this stock, jim. >> this stock has been one horrific short squeeze 25% of its actual shares outstanding are sold short and they're looking for anything negative to hang their hat on and...
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Dec 21, 2012
12/12
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. >> some ways, you know, the fiscal cliff and sandy even earlier in the quarter, these were the mulligans for a lot of companies as we come to the end of q4. we're going to see some preannouncements in january, negative earnings preannouncements and hear a lot of the disruption in washington and some of these natural disasters that affected earnings. but again we have to come back to evgs. and you know, to me, what carter just mentioned about some of the emerging markets outperforming and europe, so underperformed in 2011, this could be a year next year of underperformance by the u.s., and we're already seeing some u.s. multinationals, you know, that are really strained not only domestically, but the world's, you know, abroad. there may be better growth opportunities. >> overall, corporate earnings growth is going to be driven by a couple of things. you need to have widening margins or expanding top lines. the margin issue has largely been used up. it's been -- you have the benefit, all those deficiencies that have taken place plus an exceptionally low cost of capital driven by low intere
. >> some ways, you know, the fiscal cliff and sandy even earlier in the quarter, these were the mulligans for a lot of companies as we come to the end of q4. we're going to see some preannouncements in january, negative earnings preannouncements and hear a lot of the disruption in washington and some of these natural disasters that affected earnings. but again we have to come back to evgs. and you know, to me, what carter just mentioned about some of the emerging markets outperforming...
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Nov 7, 2012
11/12
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just one week after the hurricane sandy, the northeast is bracing for another big storm. we have got all the latest on this nor'easter's path apparently named athena, right after this. stay tuned. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> residents in the northeast still recovering from the fallout of hurricane sandy, but another big storm is causing power outages once again. m
just one week after the hurricane sandy, the northeast is bracing for another big storm. we have got all the latest on this nor'easter's path apparently named athena, right after this. stay tuned. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're...
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Jul 23, 2012
07/12
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sandy cutler recognizes he can't stand still. he recognizes this is a shaw shank redemption environment where you have to get busy living or diagnose. after today's move 3.75% yield. let's check in with the bankable chairman and ceo to find out more about where the company is headed. welcome back to "mad money." >> thanks, jim. good to talk with you this afternoon. >> i have to go with the positives. the stock was up today. i was shocked at your gross margins which were better than i was looking for. how sit you can have weaker end markets and make more money on each sale? >> you're right. we hit an all-time record this quarter. profits up some 15%. earnings on an operating per share up 19%. each of the businesses you're seeing higher margin delivery coming from better new products that are really starting to solve the power management problems for customers. we're pleased. we expected the margins to be increase this year. we expect them at a record level again this year. >> you had positive things to say about something you have
sandy cutler recognizes he can't stand still. he recognizes this is a shaw shank redemption environment where you have to get busy living or diagnose. after today's move 3.75% yield. let's check in with the bankable chairman and ceo to find out more about where the company is headed. welcome back to "mad money." >> thanks, jim. good to talk with you this afternoon. >> i have to go with the positives. the stock was up today. i was shocked at your gross margins which were...
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Nov 21, 2012
11/12
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let me switch gears and ask you about hurricane sandy. big hit to the insurance industry. tell me what you're seeing. is there an impact on willis? how does the cost element play out? >> right after it happened, i said that i thought that the impact would be $30 billion to $50 billion of insurance capacity. everybody was at 5 to 15. now everyone is around 20 to 25. i think at the end of the day, it will be closer to 30. what's happening here is that the property gets hit first, but then as time goes on, what gets hit after that is business interruption. you find out later how much it hurt you with regard to the business that you're in. so as a result, they're going to see capacity of about $30 billion eaten up in the industry. i don't think that's enough, you know, to have a colossal hard market. i think it stops the market from getting soft, meaning rates going down, but i don't think that it's in a position where it's going to get real hard or you're going to have a hardening market. >> understood. meanwhile, this is one more major event you've seen at your tenure as ceo
let me switch gears and ask you about hurricane sandy. big hit to the insurance industry. tell me what you're seeing. is there an impact on willis? how does the cost element play out? >> right after it happened, i said that i thought that the impact would be $30 billion to $50 billion of insurance capacity. everybody was at 5 to 15. now everyone is around 20 to 25. i think at the end of the day, it will be closer to 30. what's happening here is that the property gets hit first, but then...
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Oct 1, 2019
10/19
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and then it popped up back again. >> maybe above 60%. >> it's back. >> i wonder though if sandy sort of overstates the ability of the fed to offset. i don't think that's 100%. i think yoill get into a situation if the fed cuts this time and maybe cuts again where they cannot completely offset the economic weakness. all of that said, our cnbc rapid update, we had a construction spending money number, we're still running 1.9 on the third quarter and 1.9 in the fourth quarter. recession is not the odds-on bet. weaker growth is and whether or not we can escape -- there's the q 3 on the construction spending today, down .1% to 1.9% we've been around too. so the question is can we escape this i looked back at prior incidents, you can do two, three months of ism manufacturing in contraction and the economy still goes on. it happened in 2015 and '16. >> if i can mention the dow is now down about 300 points, 1.1% drop is this different, peter, because of the self-inflicted nature of it there was always a chance maybe manufacturing wouldn't get hit heart bud it was obvious this is the sector m
and then it popped up back again. >> maybe above 60%. >> it's back. >> i wonder though if sandy sort of overstates the ability of the fed to offset. i don't think that's 100%. i think yoill get into a situation if the fed cuts this time and maybe cuts again where they cannot completely offset the economic weakness. all of that said, our cnbc rapid update, we had a construction spending money number, we're still running 1.9 on the third quarter and 1.9 in the fourth quarter....
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Nov 29, 2012
11/12
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this was definitely a hurricane sandy event. the beginning of the month was terrible, the back end of the month was good, but it wasn't enough to make up for what they witnessed the first part of the month. i think you buy this on weakness. >> let's get to kate kelly. she has some news. what's the latest? >> melissa, the sac staff called, a second of its kind in two weeks just wrapped up a short time ago. it lasted less than half an hour. in it, sec management sought to reassure their employees. they have more than 1,000 people they employ. they wanted to reassure employees that steve cohen, a, has though plans to retire contrary to some talk out there today. two, that he is not personally entangled in this current government investigation. well, rather in the current government complaint over insider trading allegations against a former trader as well as one of sac's subsidiary units. there was talk that he may be charged in the coming months, but the staff has reassured them it'sed a rye s ed advisers that chargcharg charged a
this was definitely a hurricane sandy event. the beginning of the month was terrible, the back end of the month was good, but it wasn't enough to make up for what they witnessed the first part of the month. i think you buy this on weakness. >> let's get to kate kelly. she has some news. what's the latest? >> melissa, the sac staff called, a second of its kind in two weeks just wrapped up a short time ago. it lasted less than half an hour. in it, sec management sought to reassure...